The Central Bank expects improvement of the situation with the acceptance of Bank cards in Crimea

MOSCOW, Dec 15. The Bank of Russia expects that the situation with Bank cards in Crimea will improve in the coming months, said the Chairman of the Central Bank of Russia Olga Skorobogatova.

“The purpose of the NPCs was including to provide the possibility of issuing and accepting cards in Crimea… We very much hope that in the coming months or in the near future our citizens in Crimea will feel confident and secure,” said Skorobogatova during the conference devoted to the release of the first maps of the “World”.

Work on the creation in Russia national payment card system (NBTS) intensified in mid-2014, when international payment systems Visa and MasterCard suspended servicing cards of banks “Russia” and SMP Bank, the shareholders of which fell under U.S. sanctions and the end of the year – service cards in the Crimea.

In 2015, the project actually started in January have translated all domestic MasterCard transactions on their cards for processing in nvqs, and in June of this procedure has implemented Visa. National map in the contest, which was held on the website of the NPCs in the middle of the year, was named “World”. A little later, the contest was chosen as the logo — a globe, symbolizing peace, and a wing symbolizing and view of the world “from the height of bird’s flight”, and harmony (“bird of peace”).

On Tuesday it became known that the first card “the World” in the framework of the pilot project has issued seven banks, including those operating in Crimea, the Bank RNCB. Mass distribution of the card should begin in the second half of 2016.